The 1-of-10 Aston Martin Valkyrie LM in Photos

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The Aston Martin Valkyrie LM
The variant is 'close to identical' to the company's Le Mans race car
Inside the Valkyrie LM
The track-only vehicle's ballast and FIA-regulated electronics have been removed
The hypercar's naturally aspirated 6.5-liter V-12 makes 697 hp
Aston Martin Valkyrie LM owners are eligible for a dedicated driver development program

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San Francisco Chronicle​

an hour ago

• San Francisco Chronicle​

Florian Wirtz joins list of most expensive soccer signings in history

Florian Wirtz became one of the most expensive players in soccer history when the Germany playmaker joined Liverpool from Bayer Leverkusen on Friday for a fee of up to 116 million pounds ($156 million). Neymar: $262 million (222 million euros) Paris Saint-Germain shattered the world-record transfer fee by signing the Brazil superstar from Barcelona in August 2017. It was more than double the outlay of Manchester United to sign Paul Pogba from Juventus for $116 million a year earlier. It remains the record transfer fee. ___ Kylian Mbappé: $216 million (180 million euros) A few weeks after buying Neymar, PSG also secured a loan deal for Mbappé — then the rising star of French soccer playing for Monaco — that included the option to make the move permanent in 2018. PSG did so, making it an outlay of nearly $500 million on two players. ___ Flush with cash after selling Neymar a year earlier, Barcelona spent most of it in a deal to buy Brazil playmaker Coutinho from Liverpool for a Spanish record fee. ___ Moises Caicedo: $146 million (115 million pounds) The Ecuador midfielder's move was previously the most expensive deal by a British club, with Chelsea buying him from Brighton in August 2023. ___ João Félix: $140 million (126 million euros) Atletico Madrid triggered a buyout clause in Félix's contract to sign the Portugal forward from Benfica in August 2019. ___ Jude Bellingham: $139 million (128.5 million euros) The England star got his big move to Real Madrid from Borussia Dortmund in June 2023, for an initial up-front fee of 103 million euros plus add-ons linked to performance. ___ Antoine Griezmann: $134 million (120 million euros) Atletico could afford to sign Félix after selling France forward Griezmann to Barcelona for a similar fee a few weeks earlier. ___ Neymar: $98 million (90 million euros) Outside from Europe, the biggest transfer deal also involved Neymar when he joined Al Hilal, a team in the Saudi Pro League, from Paris Saint-Germain in August 2023. That came at the height of Saudi Arabia's push to sign high-end soccer talent to ignite the oil-rich state's domestic league. ___

Miami Herald

3 hours ago

• Miami Herald

Report: Maserati Under Threat of Being Sold by Parent Company

According to a new report published by Reuters, the storied Italian performance powerhouse, Maserati, may be headed toward an uncertain future. The newswire states that "two sources familiar with the matter" told them that parent company Stellantis is exploring a potential sale of the Trident as part of a broader review of its massive portfolio of 14 distinct automotive brands. Discussions regarding Maserati began before Antonio Filosa was named the automaker's new CEO last month. Filosa's first day as CEO of Stellantis is Monday, June 23, where he will take the helm as Carlos Tavares's formal successor. Tavares, who led Stellantis from its inception, stepped down in December amid disappointing U.S. sales and inventory struggles and growing internal and external pressure to reassess the company's direction. Stellantis Chairman John Elkann has a plate and a half full when it comes to overseeing the company's wide range of global brands, which include the likes of Jeep, Dodge, Ram, Peugeot, and Alfa Romeo. The company is under pressure to streamline its operations and invest wisely. Stellantis is a publicly traded company listed on the stock exchanges of New York, Paris, and Milan, and financially savvy investors and analysts think that trimming down the 14-brand lineup could boost Stellantis' margins. Back in April, they brought in McKinsey & Co., a consulting firm based in New York, to examine the impact of new U.S. tariffs and explore options for Maserati and Alfa Romeo. According to the sources cited by Reuters, selling one or both brands is on the table, but any decisions are still in the early phases. In an emailed statement to Autoblog, a Maserati spokesperson provided the following statement: "A spokesperson for Stellantis stated: 'Respectfully, Maserati is not for sale.'" Additionally, a McKinsey spokesperson told Autoblog in a separate emailed statement that they "have no comment for this story." The timing of the Trident's review coincides with its efforts to position itself to navigate some significant industry challenges. Chinese brands and their affordable, tech-forward offerings are eating into the European market share. Like other European automakers, Stellantis is also trying to navigate the steep U.S. import tariffs recently imposed by President Donald Trump, which can greatly impact import brands like Maserati and the expensive motors it imports in smaller numbers. Unlike Stellantis brands like Dodge, Jeep, and Chrysler, no Maserati comes from a production facility in North America; all of Maserati's U.S. lineup is exclusively imported from Italy. Maserati's performance has been underwhelming, as it faces tough ground in its key markets. According to Maserati Chief Executive Officer Santo Ficili, about 35% to 40% of its customers are American. In 2024, Maserati posted an adjusted operating loss of €260 million ($298 million) as it sold just 11,300 units, with 4,819 of those cars reaching drivers in the United States. One of the sources who talked to Reuters said that Stellantis is starting to realize it has more brands than it can really focus on, adding that it needs to "set priorities" with the matter. They also report that some board members are split on this scenario: some think selling Maserati is the best move, while others worry that getting rid of its only luxury brand would hurt the company's reputation. This is not the first time that Maserati has been speculated to be sold. Notably, last year, comments from former Stellantis CFO Natalie Knight suggested that the Trident may be on the way out at the 14-brand automaker, which has sincebeen refuted. However, what we solidly know is that Maserati and Alfa Romeo's brand CEO said that it has a turnaround plan as soon as Filosa takes the helm on Monday, the 23rd. In a June 5 interview with Reuters, he not only denied that Stellantis was selling Maserati, but he also expressed optimism over the future of the Trident and that Filosa will back potential plans, which include new products on the horizon. "We have clear ideas about what we want to do, and we hope we can be ready very soon. Let's wait for Antonio to take up his job," Ficili told the newswire. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

Politico

4 hours ago

• Politico

Trump says the US doesn't have to meet NATO spending goal

President Donald Trump said Friday that the U.S. shouldn't have to abide by the same defense spending standards as the rest of NATO — potentially antagonizing leaders from the rest of the alliance days before he's to meet with them in The Netherlands. Trump has long demanded that NATO states spend 5 percent of their GDP on defense but has never said if the U.S. should be included in that or not. The U.S. is currently at 3.4 percent. 'I don't think we should, but I think they should,' he said, responding to a question about his 5 percent defense spending goal. 'We've been supporting NATO so long. … So I don't think we should, but I think that the NATO countries should, absolutely,' he added. The summit kicks off Tuesday in The Hague with the leaders of 32 member states coming together to plan spending goals and reaffirm NATO force structure and deployment plans. Most NATO states spend just over 2 percent of their GDP on defense currently, with a growing number having outlined plans to get to around 3 percent over the next year or two. Trump's spending demand has hovered over the alliance since his reelection however, and the alliance has come up with a novel solution: Call for 3.5 percent on defense, with the remaining 1.5 percent taken up by domestic infrastructure and cybersecurity spending. Trump's apparent opting out of the higher target is unlikely to sit well with Republicans on Capitol Hill who've pushed for larger Pentagon budgets and have clashed with the administration over defense spending. Both Sen. Roger Wicker (R-Miss.) and Rep. Mike Rogers (R-Ala.), the chairs of the Senate and House Armed Services Committees respectively, have been pushing to drive U.S. defense spending to 5 percent of GDP. They and other GOP leaders criticized Trump's budget plans for keeping annual defense funding flat, save a one-time investment from Republicans' megabill of spending and tax cuts. Hitting that goal would mean a roughly $1.4 trillion defense budget for the Pentagon. Only Poland, Estonia, Latvia and Lithuania have committed to 5 percent number so far, but most of the rest of the alliance is expected to follow suit at The Hague. There are outlines, however. The Spanish government, which is one of the lowest spenders on defense in the alliance, flatly rejected the 5 percent goal this week. In a letter to NATO Secretary General Mark Rutte obtained by POLITICO, Spanish Prime Minister Pedro Sánchez said his government 'cannot commit to a specific spending target in terms of GDP at this summit.' Other allies who have spent more on defense in recent years are also grappling with how to keep pumping more money into their militaries. 'We have to find a realistic compromise between what is necessary and what is possible, really, to spend,' Germany's defense minister, Boris Pistorius said this month during a NATO meeting in Brussels. Seth Jones, president of the defense and security program at the Center for Strategic and International Studies, said in a press call Friday that U.S. defense spending, at 3.4 percent of GDP, is 'lower than during any time during the Cold War,' and the Trump administration's defense budget as a percentage of GDP 'is likely to be lower than the Carter administration's defense budget in the 1970s.' Connor O'Brien contributed to this report.